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SBA lender · 7(a) program
22nd State Bank, A Division of 22nd State Banking Company
22nd State Bank, A Division of 22nd State Banking Company has approved 340 SBA loans worth $387.3M since FY2010 - the #243 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#243
0.08% of all SBA dollars
Total approved
$387.3M
FY2010 onward
Loans
340
Median loan
$797,000
+343% vs national
Median rate
8.75%
+2.00 pts vs national
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What 22nd State Bank, A Division of 22nd State Banking Company’s numbers say
22nd State Bank, A Division of 22nd State Banking Company sits in the long tail of the SBA lending field, having approved 340 loans for a gross total of $387.3M since fiscal 2010. Its median loan of $797,000 is substantially larger than the $180,000 national median, a pattern that usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.
The median initial note rate across its 7(a) approvals is 8.75%, 2.00 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Roughly 22% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally.
Where 22nd State Bank, A Division of 22nd State Banking Company lends
| State | Loans | Share |
|---|---|---|
| Florida | 54 | |
| California | 26 | |
| Texas | 24 | |
| Alabama | 19 | |
| Georgia | 17 | |
| North Carolina | 15 | |
| New Jersey | 15 | |
| Colorado | 15 |
What it lends against
Franchise brands 22nd State Bank, A Division of 22nd State Banking Company financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Firehouse Subs | 5 | $1.6M | |
| The UPS Store | 4 | $3.3M | |
| Jiffy Lube | 2 | $1.2M | |
| Duck Donuts | 2 | $477K | |
| Jersey Mike’s Subs; Jersey Mike’s | 2 | $732K | |
| Motel 6 | 2 | $2.0M | |
| Rita's Ice-Custard-Happiness | 2 | $1.9M | |
| Little Caesars | 2 | $1.8M |
Brands with the most 22nd State Bank, A Division of 22nd State Banking Company SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.
22nd State Bank, A Division of 22nd State Banking Company made 6 of these loans under the SBA Express programme, median $125,000. Compare SBA Express lenders.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
A different SBA 7(a) lender
SmartBiz is a separate company from 22nd State Bank, A Division of 22nd State Banking Company. An SBA 7(a) lender and marketplace for loans up to $500,000, plus bank term loans and custom financing. You apply on their site - we do not take applications and never see your information.
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Questions about 22nd State Bank, A Division of 22nd State Banking Company
- How many SBA loans has 22nd State Bank, A Division of 22nd State Banking Company approved?
- 22nd State Bank, A Division of 22nd State Banking Company has approved 340 SBA loans totalling $387,307,800 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #243 among all SBA lenders by dollars approved.
- What is the typical 22nd State Bank, A Division of 22nd State Banking Company SBA loan size?
- The median gross approval is $797,000, with the middle 80% of loans falling between $281,000 and $2,677,000. The national median across all SBA lenders is $180,000.
- What interest rate does 22nd State Bank, A Division of 22nd State Banking Company charge on SBA 7(a) loans?
- The median initial note rate on 22nd State Bank, A Division of 22nd State Banking Company's 7(a) approvals is 8.75%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
Where to go from here
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